forward with modern construction materials retailers or modern trade operators still expanding their business with new branches and property development group beginning to open new projects. In addition
estimates by research tends to vary to some degree. The company has therefore decided not to carry out such analysis going forward. Nonetheless, reflecting on its market share, VGI estimated that in 2017 its
SITUATION Thailand economic situation in Q4/2019 in Central and Eastern area were contracted compared to the same period of 2018 due to global economic and domestic consumption weak, that were impacted from
of Vienna House Easy Leipzig and Vienna House Mokotow Warsaw. The number of managed keys grew by 425 keys as a result of the domestic and international expansion of U hotels and Eastin hotels under AHS
sharp drop in foreign and domestic travel across both the tourism and business traveler segments, government protocol to close down the service business sectors in line with the Lock Down policies and
able to conserve cash to ensure that the Group is in a solid position going forward. Although the financial impacts from all the cost savings measures could not compensate for the loss of revenue in the
lockdown measures. In addition, the Company maintains management overlay in the amount of 1,378 million baht for a hedge with probable forward looking macroeconomics factors and the new wave of COVID-19
, nothing in this document should be construed as constituting legal, business, tax or financial advice. This material contains “forward-looking” statements that relate to future events, which are, by their
tax income from BOI incentives that permit to carry forward losses (as in the early stage of first production line operation, company has annual losses) and deduct them as expenses for up to five years
going forward. The Company’s financing cost decreased Baht 20.91 million, after the increase in share capital by Baht 467.10 million in March 2019 and reduction in borrowings. In this year, the Company